 Case 100 First Horizon CorporationB. Rajesh Kumar
A chapter in Rising Stars, 2024, pp 719-724 from Springer Abstract: Abstract First Horizon Bank had its origin in the year 1864 when First National Bank of Memphis was established by Frank S Davis. First Horizon Corp is a leading regional financial services company headquartered in Memphis, Tennessee. First Horizon operates in 12 states across the southern United States. The bank and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage services. The loans and deposits offered by the bank are basically in the regional banking and specialty banking segments. The principal lines of business in the specialty banking segment are fixed income/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based lending, franchise finance, equipment finance, corporate banking, correspondent banking, and mortgage origination. The total cumulative monthly return for First Horizon stock was 20% for the recent 5-year period October 2018–September 2023 compared to the total cumulative monthly return of 5.85% for the market index Nasdaq Bank index. The total assets, gross loans, and deposits increased by 24%, 25%, and 27%, respectively, on average basis during the period 2018–2022. Date: 2024 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-50032-9_100 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-50032-9_100 Access Statistics for this chapter More chapters in Management for Professionals from Springer |
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